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Dog-faced pony soldier
Join Date: Feb 2004
Location: A Rock Surrounded by a Whole lot of Water
Posts: 34,187
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Cramer is often wrong. He is most definitely wrong on this one.
There's no way on God's green earth that Phoenix is "turning around". This is a dead cat bounce. Nothing more. People in trouble would be wise to look for a peak & reversal, sell to cut their losses and get the hell out before the really big decline comes, which will be following on the order of 3-6 months.
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A car, a 911, a motorbike and a few surfboards
Black Cars Matter
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